{"id":69502,"date":"2022-08-03T12:59:36","date_gmt":"2022-08-03T08:59:36","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=69502"},"modified":"2022-08-03T12:59:38","modified_gmt":"2022-08-03T08:59:38","slug":"european-shares-fall-before-the-release-of-important-economic-data","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-shares-fall-before-the-release-of-important-economic-data\/08\/03\/market-updates\/","title":{"rendered":"European shares fall before the release of important economic data"},"content":{"rendered":"\n<p>European shares fell in early trading on Wednesday, ahead of key business growth data, as broader markets awaited the potential fallout from US House Speaker Nancy Pelosi&#8217;s visit to Taiwan.<\/p>\n\n\n\n<p>The pan-European Stoxx 600 index was down 0.2 percent by 7:10 GMT.<\/p>\n\n\n\n<p>Investors are awaiting important data on business and services growth in the eurozone to gauge the continent&#8217;s economic situation amid fears of a recession.<\/p>\n\n\n\n<p>Luxury car maker BMW shares fell 5.5 percent after warning of high volatility in the year&#8217;s second half.<\/p>\n\n\n\n<p>Strong earnings reports from other companies limited losses in morning trading.<\/p>\n\n\n\n<p>Infineon, a major supplier of microchips to the auto sector, rose 3.1 percent as the company raised its full-year forecast and announced a 33 percent year-over-year increase in its quarterly revenue.<\/p>\n\n\n\n<p>London-listed Avast shares jumped 42.4 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European shares fell in early trading on Wednesday, ahead of key business growth data, as broader markets awaited the potential fallout from US House Speaker Nancy Pelosi&#8217;s visit to Taiwan. The pan-European Stoxx 600 index was down 0.2 percent by 7:10 GMT. Investors are awaiting important data on business and services growth in the eurozone &hellip;<\/p>\n","protected":false},"author":9,"featured_media":52181,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[7211,6877,6928,6882],"class_list":["post-69502","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-currencies","tag-dollar","tag-euro","tag-forex"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/69502","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=69502"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/69502\/revisions"}],"predecessor-version":[{"id":69503,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/69502\/revisions\/69503"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/52181"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=69502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=69502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=69502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}